Answer:
Land = $ 61,950
Building = $ 227,150
Equipment = $ 82,600
Explanation:
Given the following fair values
Land = $ 70,800
Building = $259,600
Equipment = $ 94,400
Total cost (based on fair value) = 70,800 + 259,600 + 94,400
= $ 424,800
Cash payment given = $ 371,700
Using the proportion system to allocate the cost,
Cost of land =
× 371700
= $ 61,950
Cost of building =
× 371700
= $ 227,150
Cost of Equipment =
× 371700
= $ 82,600
Therefore, the amounts to be recorded in the books for land, building and equipment are $ 61,950, $ 227,150 and $ 82,600 respectively.
Making a profit by lending money is usury, and the person who is doing it is called a usurer.
This is true about about logistics. It is the process of coordinating the flow of goods, services, and information among all members of the supply chain.
<h3>What is the importance of logistics?</h3>
In the business and the supply world, logistics is very important for the reasons that have been listed below:
- It helps to increase customer satisfaction.
- It helps in the control of a businesses inventory.
- It increases efficiency in the business place.
- It helps to lower rates.
Read more on logistics here: brainly.com/question/23177203
Step one investigate / question to figure out the problem. Step two once you figure out the problem brainstorm solutions \ enforce. Step three apply the solution in your work facility.
The correct answer is the salience of surface similarities. The
salience of surface similarities are likely to focus more on the surface level
properties by which they are likely to be opposed to the underlying principles
that are being shared.